£116,083
This estimated value is based upon the latest sale price for the house of £21,000 on 18 Oct 1996. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £21,000 | 18 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTH EAST LINCOLNSHIRE to estimate the market value.
When this house was purchased in October 1996 the House Price Index for NORTH EAST LINCOLNSHIRE was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £21,000 results in an estimated price of approximately £116,083.
| 18 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 149.7 | 452.776 % | £21,000 | £95,083 | £116,083 |
The Postcode Pricing Model uses changes in average sales price within the DN31 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 285.561 % | £59,967 | £80,967 |
| 3 Month Average | 258.519 % | £54,289 | £75,289 |
| 6 Month Average | 211.056 % | £44,321 | £65,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Oct 2023 | £86,975 | £85,000 | 52 CARTERGATE |
| 18 Sep 2023 | £103,277 | £101,000 | 19 CRESCENT STREET |
| 14 Aug 2023 | £86,561 | £85,000 | 2A CRESCENT STREET |
| 1 Aug 2023 | £128,314 | £126,000 | 60 CHANTRY LANE |
| 10 Mar 2023 | £66,104 | £65,000 | 34 EARL STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Jul 2014. Using an estimated price of £116,083 means this house is valued at £1,319 per sq meter (£122 per sq foot).
The average size of a house on CARTERGATE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jul 2024 | Drugs | Under investigation | On or near Parking Area |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |